The Defense Logistics Agency (DLA) Disposition Services has awarded a 10-year, single-award indefinite delivery contract (IDC) worth up to $9,979,335 to Sabin Metal Corp, a for-profit organization, to provide precious metals primary forms and options. This full and open competition contract supports the DLA's mission of processing and recycling scrap precious metals from military equipment and materials.
Under this IDC, Sabin Metal Corp receives, stores, processes, and recovers precious metals like gold, silver, platinum, and palladium from government-furnished scrap at its facility in Springfield, Michigan. The contractor furnishes recycled precious metals products back to the government. Individual delivery orders under this IDC have a ceiling value of $700,000 and involve an estimated 29,000 pounds of scrap containing at least $2,500 in recoverable precious metals annually. Previous IDCs awarded to Sabin Metal Corp in this area have demonstrated the ongoing nature of its services to the federal government in precious metals recovery and recycling.
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